The Firm and the Authority Relation : Hierarchy vs. Organization

The modern theory of economic organization asserts that the firm at its core consists of an “authority relation,” and that this is what distinguishes the firm from production processes coordinated by voluntary exchange in the market. This article expounds on and problematizes the uses of this concept in the literature, analyzes the implications, and discusses whether it is sufficient and/or necessary for formal organizing in the market

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Year of publication:	2013
Authors:	Bylund, Per L.
Publisher:	[2013]: [S.l.] : SSRN
Subject:	Hierarchie \| Hierarchy \| Unternehmensorganisation \| Business organization \| Theorie der Unternehmung \| Theory of the firm \| Organisationsstruktur \| Organizational structure \| Prinzipal-Agent-Theorie \| Agency theory

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Extent:	1 Online-Ressource (32 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Austrian Economic Perspectives on Market Organization, G. Nell (ed.). New York: Palgrave Macmillan, Forthcoming Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 1, 2013 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013074601